1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
torisob [31]
2 years ago
15

Isaac invested $1,800 in an account paying an interest rate of 4.7%

Mathematics
2 answers:
bazaltina [42]2 years ago
7 0

Answer:

$3584.86 or 3600 if rounded to the nearest 100 dollars

Step-by-step explanation:

1800(1.047)^15= 3584.86

you can plug this into a calculator

s344n2d4d5 [400]2 years ago
7 0

Answer:

3600

Step-by-step explanation:

\text{Compounded Continuously:}

Compounded Continuously:

A=Pe^{rt}

A=Pe  

rt

 

P=1800\hspace{35px}r=0.047\hspace{35px}t=15

P=1800r=0.047t=15

Given values

A=1800e^{0.047(15)}

A=1800e  

0.047(15)

 

Plug in

A=1800e^{0.705}

A=1800e  

0.705

 

Multiply

A=3642.92403286

A=3642.92403286

Use calculator (with e button)

A\approx 3600

A≈3600

Round to nearest hundred dollars

You might be interested in
How to answer the question
tatyana61 [14]
5/60 = 12
12 x 3 =36
J
4 0
3 years ago
Read 2 more answers
if you prder two servings of pancakes and fruit cup the cost of the fruit cup is $1.50 and you leave a 15% tip your total bill i
Sindrei [870]

Both servings of pancakes cost $8.50

One serving of pancakes cost $4.35

Equation:   1.15 (2x + 1.50) = 11.50

                  2.3x + 1.725 + 11.50

                   2.3x = 9.725

                   x = 4.25 for one serving of pancakes

                   2x = 8.50 for both servings of pancakes

3 0
3 years ago
Jacinta borrowed sh. 100,000 from her cooperative society. She pays 1% interest of the outstanding balance every month. If she p
vredina [299]

The amount of money that Jacinta pays to service the whole loan as interest is <u>sh. 5,899</u>.

<h3>What is interest?</h3>

Interest is the finance charge that a borrowers incurs to service a loan.

Interest is based on the outstanding balance at the end of the payment period.

<h3>Data and Calculations:</h3>

Principal loan = sh. 100,000

Interest on outstanding balance = 1%

Monthly payment of principal and interest = sh. 10,000

Period of repayment = Monthly

<h3>Amortization Schedule:</h3>

                      Beginning     Interest   Payment   Ending Balance

1st month    sh. 100,000    sh. 1,000    sh. 10,000    sh. 91,000

2nd month    sh. 91,000       sh. 910    sh. 10,000     sh. 81,910

3rd month      sh. 81,910        sh.819    sh. 10,000    sh. 72,729

4th month    sh. 72,729       sh. 727    sh. 10,000    sh. 63,456

5th month   sh. 63,456       sh. 636    sh. 10,000    sh. 54,092

6th month   sh. 54,092       sh. 541     sh. 10,000    sh. 44,633

7th month   sh. 44,633       sh. 446    sh. 10,000    sh. 35,079

8th month  sh. 35,079        sh. 351     sh. 10,000    sh. 25,430

9th month  sh. 25,430       sh. 254     sh. 10,000    sh. 15,684

10th month sh. 15,684        sh. 157     sh. 10,000      sh. 5,841

11th month    sh. 5,841         sh. 58      sh. 5,899       sh. 0

Total interest paid =       sh. 5,899

Thus, based on the payment schedule above, the amount of money that Jacinta pays to service the whole loan as interest is <u>sh. 5,899</u>.

Learn more about loan interests at brainly.com/question/24576997

#SPJ1

8 0
2 years ago
Multiple to list the next five multiples of 3
brilliants [131]

Answer:

6, 9, 12, 15, 18

Step-by-step explanation:

Finding multiples is simple, count by 3 for as many times as you can and there are your multiples.

7 0
2 years ago
The volume of a cone is 200.96 cubic yards. What is the radius of the cone if the height is 12 yd? Use pi =3.14 and round your a
Naddika [18.5K]

Answer:

If I'm doing the problem correctly, the radius should be 4 yards.

Step-by-step explanation:

You work the problem backwards. Multiply 200.96 by 3, since it's a cone, so you're working with the volume of what a cylinder would be with the same dimensions. Then divide by the height (12 yd), then divide by pi. You should end up with 16, and 4 squared equals 16. Work the problem forwards from there to check.

4 squared is 16. 16 times 3.14 is 50.24. 50.24 times 12 is 602.88. 602.88 divided by 3 is 200.96.

8 0
2 years ago
Read 2 more answers
Other questions:
  • How do you find h(x)?
    6·1 answer
  • PLEASE HELP!!!!! Florian ran 1.2 miles and walked 4.8 laps around the path at the park for a total distance of 3.6 miles. Which
    7·2 answers
  • A student bought a truck with a down payment of 4000 and monthly payments of $250 for four years. What was the total cost of the
    9·1 answer
  • A ball has a radius of 1 foot. <br><br> What is the surface area of the ball?
    14·2 answers
  • (05.02) Two quantities are related, as shown in the table y 22 4 5 6 8 8 11 Which equation best represents the relationship? Oy
    7·2 answers
  • A plant is 3 inches tall when you purchase it and grows 2 inches per month. Write an equation in slope intercept form that repre
    13·1 answer
  • Juan has $1.30 in dimes and nickels he has a total of 15 coins how many dimes does juan have ​
    14·2 answers
  • FREEE POINTSS !!!!!!!!!!!!!!!!!
    7·2 answers
  • 18,12,8,..<br><br> Find the 10th term
    10·1 answer
  • What is the distance between the following points?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!